Tax Incentives Blog

Don’t Fear the Audit, Partner with a Tax Consultant

Written by Charlotte Ochs. Updated Jun 8, 2019.

You are a savvy business owner. Part of your business acumen includes knowledge of potential tax credits that can benefit your bottom line. However, the words “potential for audit” linger in the back of your mind.

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How Can Employers Benefit from Giving Ex-Cons a Second Chance?

Written by Angie Longacre. Updated Jun 5, 2019.

Second chances. Songs have been written about the concept, movies made, proverbs spoken, and tales told. We grant them to our spouses, to our friends, our children, co-workers, and even strangers.

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The WOTC – Cooking Up Staff and Chopping Taxes for Restaurants

Written by Angie Longacre. Updated May 29, 2019.

Chances are, you or someone you know has at some point in their lives worked in a restaurant, bar, or coffee shop. Maybe you washed dishes at the local dinner after school to save up for that car; maybe your college roommate served up rich espressos between classes to pay for books; or perhaps your family member waited tables in a tavern to cover the bills.

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The WOTC and ATS – A Dynamic Duo of Integration

Written by Angie Longacre. Updated May 23, 2019.

Fish and chips. Batman and Robin. Steak and eggs. Hall and Oates. Bacon and…everything.

Some things are good all on their own: sink your teeth into a chunk of velvety milk chocolate or slip a spoonful of creamy peanut butter across your tongue. Yum. Now put them together…and you’ve got a Reese’s Peanut Butter Cup. “Two great tastes that taste great together.”

And sometimes they’re just better together.

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Work Opportunity Tax Credit and Jobs Act to Help American Workers…Permanently

Written by Rachel Zarate Brouwer. Updated May 20, 2019.

Updated May 20, 2019

Sen. Chuck Grassley (R-IA) announced late last week that lawmakers on the Senate Finance Committee will form bipartisan groups to analyze how best to address expired and soon-to-expire tax incentives, known as extenders.

Finance Committee Democrats and Republicans will convene six separate working groups to analyze tax extenders, with the two largest working groups addressing energy tax incentives and those for economic and community development.

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How the WOTC Helps Hotels ‘Keep House’ on Rising Costs

Written by Angie Longacre. Updated May 20, 2019.

The Days Inn hotel promotes its multi-national chain with a distinguishable rising sun, and until recently, the tagline: The Best Value Under the Sun. The slogan intended to succinctly convey the business’ value proposition dedicated to “providing value-conscious travelers with the best combination of warm hospitality and integrity for their money.”

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Where There’s a WOTC, There’s a Way

Written by Angie Longacre. Updated May 9, 2019.

How Employment Tax Credits Can Help Businesses Pay for Vital Worker Training

The gains we’ve made in our world through the centuries, we owe to men and women who doggedly pursued their goals. Undeterred by setbacks and roadblocks, if one path failed, they sought another - finding workarounds and alternate routes of forward motion until they found success.

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How Employment-Based Incentives Serve Up Savings to the Hospitality Industry

Written by Stephanie Cornejo Banuelos. Updated Apr 26, 2019.

Imagine: You pull up to the grand hotel. An eager valet slips into your car seat as the bellhop secures your luggage. You stroll to the front desk where a smiling attendant checks you in. Out of the elevator, you open the door to your temporary palace. A whiff of freshly laundered towels still lingering in the air tells you housekeeping has just recently finished.

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Employment-Based Tax Credits - Two-Sided Win for Employee and Employer

Written by Angie Longacre. Updated Apr 10, 2019.

We’ve all heard the saying “In life, there are winners and there are losers.” And often this holds true: only one boxer grabs the heavyweight championship title, only one salesperson earns the “Highest Sales” award, only one instructor will be crowned “Teacher of the Year,” only one student snags first place in the science fair…even flipping a coin to determine who has to do the dishes…there’s always a winner and a loser.

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Maximizing Your WOTC Tax Savings with Proven Processes and a Personal Touch

Written by Rachel Zarate Brouwer. Updated Mar 4, 2019.

Today we focus on one of our many valued CTI clients, looking at the challenges they faced to implement and optimize a tax incentives strategy, and how CTI helped meet those challenges and exceed expectations.

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